Up to what price can shiba inu realistically go up to

**Shiba Inu's price realistically cannot reach $1** due to several factors:

1. **Scarcity Principle**: With a massive circulating supply of hundreds of trillions of SHIB, the $1 target is unlikely to be achieved. The scarcity of Bitcoin and Ethereum combined poses a significant challenge for SHIB to reach such a high price.
2. **Market Sentiment**: The 2021 rally was driven by social media hype and meme culture, but alternative investment options may not allow for a similar magnitude of rally.
3. **Technical Analysis**: The symmetrical triangle pattern suggests a potential rally, but historical resistance levels and the current market conditions indicate that such a rally would be limited.
4. **Analyst Predictions**: Recent predictions for SHIB price targets are not as high as the $1 mark. For instance, LunaClassicHQ predicts a peak of $0.05 for SHIB by next year, which is a substantial increase from its current price but falls short of the $1 target.

In conclusion, while Shiba Inu may experience a significant price increase due to bullish sentiment and market interest, the $1 price point is not a realistic target based on the current market conditions and the principles of cryptocurrency valuation.